Greysheet..... Sometimes I wonder..........
longtimecollector
Posts: 2,368 ✭
Just pokin' around the last "quarterly"....... In the Seated Halves........ They list the 1853-O "No Arrows" as "Three Known"........ And then they continue to price it in 5, YES 5 DIFFERENT GRADES !!!!!!!
Dumbazzes
Dumbazzes
Cam-Slam 2-6-04
3 "DAMMIT BOYS"
4 "YOU SUCKS"
Numerous POTD (But NONE officially recognized)
Seated Halves are my specialty !
Seated Half set by date/mm COMPLETE !
Seated Half set by WB# - 289 down / 31 to go !!!!!
(1) "Smoebody smack him" from CornCobWipe !
IN MEMORY OF THE CUOF
3 "DAMMIT BOYS"
4 "YOU SUCKS"
Numerous POTD (But NONE officially recognized)
Seated Halves are my specialty !
Seated Half set by date/mm COMPLETE !
Seated Half set by WB# - 289 down / 31 to go !!!!!
(1) "Smoebody smack him" from CornCobWipe !
IN MEMORY OF THE CUOF
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<< <i>Just pokin' around the last "quarterly"....... In the Seated Halves........ They list the 1853-O "No Arrows" as "Three Known"........ And then they continue to price it in 5, YES 5 DIFFERENT GRADES !!!!!!! Dumbazzes >>
Obviously there have been 2 resubmissions to a third party grader
Then again, the total DMPL population of 1893-S at PCGS is NONE, so I guess it doesn't really hurt anything... except maybe Grey Sheet's credibility as an authoritative reference source!
also the prices for circ to unc slightly better date seated dollars are SO TOTALLY LOW AND OFF BASE IT IS NOT EVEN FUNNY
and say for instance you got WHITE dipped white banged up marked up au seated dollar common date that has terrible eye appeal in a major third party grading service holder and say you got another holdered coin same grade but it it wonderfully original prooflike with amazing eye appeal and dove grey original with some great original flemby toning
now you got two coins that are way different in value and price and evenmoreso demand!!!!!
greysheet caters to coin buyers who need to buy cheap to make a living
as remember you never make money in coins when you sell only ONLY WHEN YOU BUY
if greysheet wants to continue to be a viable in demand money making company for the overwhelming majority of their subscribers then they need to keep the prices where they are at LOW
and also not use number grading like their vf xf columns which actually mean the lowest grade vf means 20 so if someone comes in with a coin that is really choice vf 35 they just look at the vf greysheet pricing which means in small print vf20
<< <i>I find it absurd that Grey Sheet lists DMPL prices for Morgans that are lower than non-DMPL prices in the same grade. For example, the 1893-S in MS65 is listed at $330,000, but the 65DMPL price is $310,000.
Then again, the total DMPL population of 1893-S at PCGS is NONE, so I guess it doesn't really hurt anything... except maybe Grey Sheet's credibility as an authoritative reference source! >>
Dennis -- I am sure if we look around eBay for a while some desperate owner (in China naturally) will have a gem DMPL 1893-S Morgan to sell. How ever will he be able to set a reserve without something on the greysheet?
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<< <i>Just pokin' around the last "quarterly"....... In the Seated Halves........ They list the 1853-O "No Arrows" as "Three Known"........ And then they continue to price it in 5, YES 5 DIFFERENT GRADES !!!!!!!
Dumbazzes >>
Price guides have done this for years. Prime examples are the past editions of the Red Book that had prices for just about everything except unique items like the 1870-S Three Dollar Gold piece. The amounts listed for extreme rarities are theoretical. IF such an item WERE to show up, the people who submit prices ESTIMATE that it would sell for $X.
The thing you must remember about items that did not have a restricted production, like the 1913 Liberty Nickel, COULD crop up. For example the mint claims that it produced 24, 1894-S dimes. Only about a dozen are known. About 40 years ago someone showed up at the coin counter in the New York City branch of Gimbels Department store with a genuine example in Good condition. The manager of the company, who was Jack Friedberg, bought it over the counter for something like $2,000.
Yes new discoveries of rarities do crop up in unexpected places, so putting up “what if” prices is not totally far fetched.